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RCM New Release: 2018 14-Karat Gold Coin - 250th Anniversary Of The Birth Of Tecumseh

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 Posted 01/13/2018  11:21 am Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
Royal Canadian Mint - On the reverse, artist Bonnie Ross has drawn from various visual and written sources to present an ideal portrait of the legendary Shawnee war leader. Presented in three-quarter profile, Tecumseh is depicted in his traditional Shawnee clothing (as described by one of Sir Isaac Brock's men) with the King George III medal worn around his neck. Behind the carefully sculpted bust, a precision-engraved map fills the field. This illustrated representation of Upper Canada circa 1813 highlights Tecumseh's key role as a military ally during the War of 1812, but the area above his right shoulder has added significance—it includes the sites of several major conflicts involving Tecumseh, including the Battle of the Thames where he was slain in 1813. The reverse includes the name "Tecumseh" and the commemorative dates "1768 - 2018" in a stylistic 1812 typography, along with the engraved word "CANADA" and the face value "100 DOLLARS". The obverse features the effigy of Her Majesty Queen Elizabeth II by Susanna Blunt.

2018 14-karat Gold Coin - 250th Anniversary of the Birth of Tecumseh
RCM-New-Release:--2018-14-Karat-Gold-Coin---250th-Anniversary-Of-The-Birth-Of-Tecumseh


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 Posted 01/28/2018  8:55 pm  Show Profile   Bookmark this reply Add MrCanada to your friends list Get a Link to this Reply
I like it, another 100$ piece,
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 Posted 01/29/2018  11:54 am  Show Profile   Bookmark this reply Add Dcadon to your friends list Get a Link to this Reply
I really wish they would do with the $100 golds, what they did with the $200. ie: A few years back they changed the $200 Gold coins from 22kt gold to pure 99.99 gold. Why is that a good thing? The $100 14kt gold is a taxable item. On of the $700 price tag, you have to pay an extra $91 in tax (in Ontario). With the total price of $790.94 it's a very expensive 1/4 ounce of gold. At 4 coins to the ounce of gold, that's $3163.77/ounce vs $2399.90 for a pair of 1/2 ounce $200 coins as there is no tax on the pure gold coins.
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 Posted 01/29/2018  3:43 pm  Show Profile   Bookmark this reply Add vonigohcr to your friends list Get a Link to this Reply
@Dcadon


Quote:

I really wish they would do with the $100 golds, what they did with the $200.


I fully agree, I would love to see this... the only problem I see is that the $100 and $200 NCLT are roughly the same size. If you take out the 43.7% of other metal, the coin will either have to get much smaller or the gold content will have to climb to closer to the half ounce and the price at 1.6x-2x melt will jump significantly. A quarter maple is only 20mm (slightly bigger than the penny) whereas the $100 NCLT is 27mm.
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